Create a Florida Living Trust

If you're looking for an alternative to the traditional will to plan your estate, consider a Florida living trust. By transferring the ownership of your major property from yourself to a living trust, you stand to save your heirs considerable time and money.

Why create a living trust instead of a simple will for estate planning? Living trusts can benefit the owner of an estate in Florida. First and foremost, in many states, your estate may avoid the probate process. Probate is a court process used to settle a will which can last as long as three years and can take up to 10% of your estate's value. Since living trusts aren't listed in the public record, as is the case with wills, these trusts provide you with more privacy in your estate decisions. Living trusts can also help you avoid certain estate taxes if prepared properly. Finally, a living trust allows you to hand over management of your assets to someone else if you are unable to manage them yourself due to an accident or illness.

If you're looking for more information about a living trust in Florida, check out LegalZoom's online legal library. Ready to set up your living trust? Simply fill out LegalZoom's easy-to-follow online questionnaire. We'll prepare your legal documents to Florida's specifications and include a pour-over will to take care of any assets your Florida living trust cannot. With LegalZoom, plan your estate's future, today.